WARRANT COMMITTEE MINUTES
FIFTH MEETING October 25, 2006
PRESENT: K. Conlon, T. Hurley, H. Crichlow, B. Martin, T. McGrath, L. Dee, J. O’Connor, S. Keel, J. Conley, J. Pinkus, B. McLaughlin, E. Innes, L. Walker
Absent: D. Biagiotti, M. Flanagan
RESERVE FUND BALANCE: $400,000
The Chair called the meeting to order at 7:30 p.m.
Library Director Philip McNulty and Chairman of the Library Board of Trustees Eugene Boylan met with the Committee to discuss the Library’s Reserve Fund Transfer request for funding to cover expenses incurred while dealing with a mold and odor investigation and remediation work in the Main Library.
A motion was made, seconded and approved 12-0-0 to transfer $11,800 to the Library General Expense budget (Grounds & Building Maintenance) to cover the cost of emergency measures taken to investigate a potential mold situation in the Main Library.
The Chair reported that free cash had been certified by the Department of Revenue in the amount of $423,856 and distributed copies of the certification letter. The Committee discussed the “Report of the Warrant Committee” for the November 27, 2006 Special Town Meeting and made edits before going to print.
A discussion on the FY 08 Warrant Committee budget was deferred until Mrs. Blute returns to the Warrant Committee.
RESERVE FUND $400,000
Library Reserve Fund Transfer 11,800
RESERVE FUND BALANCE: $388,200
The meeting adjourned at 8:40 p.m.
The next meeting of the Warrant Committee will be November 15, 2006.
Respectfully submitted,
Paula Rizzi
November 10, 2006
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